Page 147 – Property118
Professional portrait of a business executive representing Foundation Home Loans’ Buy to Let relaunch.

Lender relaunches its BTL specials

13th November 2024

Buy to Let by Foundation, the BTL brand of specialist lender Foundation Home Loans, has relaunched its ‘Buy to Let Specials’ range. It offers a variety of loan options tailored to different landlord profiles and property types. The revamped programme caters to both established portfolio landlords (F1 tier) and those with specialised property needs or […]

Rebecca Marsh comments on the expulsion of three property firms from The Property Ombudsman scheme

The Property Ombudsman expels three members

13th November 2024

Three members have been booted out of The Property Ombudsman scheme for refusing to pay compensation after losing complaints – two of which were brought by landlords. They are BP Auctions, David Key Property Limited and Leonard D Morgan & Co. They were expelled by the Ombudsman’s compliance committee. So far this year, just three […]

Row of “To Let” signs outside terraced houses in the UK, symbolising the rental housing market.

Council reintroduces its selective licensing scheme

13th November 2024

Gedling Borough Council is set to reintroduce a selective licensing scheme in Netherfield, Nottingham, aiming, it says, to enhance the quality of private rented housing in the area. The scheme, which was previously in place from 2018 to 2023, will become mandatory again from January 5 next year, and will run until January 4, 2030. […]

Eviction notice paperwork with pen and glasses on a desk

What should I do if my tenants won’t leave despite health issues?

13th November 2024

Hi, I need to regain possession of my tenanted property to live in myself. I gave my tenants two months’ notice back in September, as per our tenancy agreement, which will expire on November 27th. I’ve recently split from my partner and am battling cancer, and I’ve always kept the rent well below the market […]

Landlord and tenant in legal tug of war over eviction notice with Lady Justice in the middle.

Can tenants legally extend eviction delays with mental health breathing space?

13th November 2024

Hi, I have tenants in my property who owe £15,000 in arrears, and I’ve applied to the court for eviction. The court hearing was scheduled for January 2024, and the bailiff was set to attend on August 12, 2024. However, just days before the bailiff appointment, they applied for a standard breathing space. Now that […]

Boarded-up house representing a fixer-upper property opportunity.

Renters are increasingly turning to ‘fixer-uppers’ – Rightmove

13th November 2024

Renters across the UK are increasingly turning to fixer-upper properties as a more affordable route to homeownership, according to a survey from Rightmove. The property platform questioned more than 34,000 home movers and found that 68% of renters are eager to take on renovation projects, compared to 54% of homeowners. This trend is driven by […]

Energy efficiency rating and housing investment concept with magnifying glass and chart

Two-thirds of landlords lack EPC C rating as many plan rent hikes for upgrades

12th November 2024

Two-thirds of landlords currently own at least one property that does not have an EPC C rating, according to Foundation Home Loans. Data from the mortgage lender shows that nearly half (42%) of landlords plan to raise rents to cover the cost of energy-efficiency improvements. This comes after Ed Miliband announced that all private rental […]

Experts discuss legal liabilities when rent-to-rent property deals fail.

Who Is Liable If Rent To Rent Goes Wrong?

12th November 2024

Unlock the latest insights into the property investment world with our video on the landmark court ruling clarifying rent-to-rent liabilities. This will reshape how rent-to-rent operators approach their responsibilities and how property investors navigate the property market. Are you part of the rent-to-rent strategy? Discover what this ruling means for you and how it impacts […]

Green Party MSP speaking at press conference on rent control policies in Scotland

The SNP’s rent control U-turn is a ‘disappointment for tenants’

12th November 2024

The Green Party co-leader in the Scottish Government says the SNP government has bowed to pressure from the landlord lobby and significantly weakened its proposed rent control measures. That is, Patrick Harvie says, a blow to tenants across Scotland. Writing in the Glasgow Times, he says that despite initial plans to introduce robust rent controls, […]

Two people signing a rental agreement with house keys and a model home on the table.

Generation Rent calls for an end to ‘discriminatory’ Right to Rent

12th November 2024

Tenant activist group Generation Rent is urging the government to abolish the Right to Rent policy, arguing that it disproportionately affects migrant and ethnic minority renters. In a report, it details the negative consequences of the policy, which requires landlords in England to check the immigration status of potential tenants. The research highlights the findings […]

Stacks of coins with colourful house icons and Welsh flag symbolising rising housing costs in Wales

Propertymark urges Welsh government to raise LHA rates to address housing crisis

12th November 2024

An industry body is urging the Welsh government to raise Local Housing Allowance (LHA) rates. Propertymark is calling on the government to set the LHA at the 30th percentile of rents and to fully assess the case for raising it to the 50th percentile. As of May 2024, the Department for Work and Pensions (DWP) […]

Property expert discussing rising UK rent arrears and landlord challenges

Rent arrears soar by 22%

12th November 2024

Landlords in the UK have seen rent arrears soar with the average claim reaching £2,064 in the third quarter – a 22% year-on-year increase. According to data from deposit alternative provider Reposit, this figure significantly eclipses the traditional five-week cash deposit, which averages £1,347. That leaves landlords vulnerable to a shortfall of around £700 in […]

“To Let” sign outside residential houses reflecting UK rental market challenges

Government landlord and tenant policies – carrot or stick?

12th November 2024

Hello, Mrs Thatcher allowed the introduction of the AST (Assured Shorthold Tenancy) and also supported home ownership. These changes were all voluntary and people adopted them because they made sense. Home ownership grew from 55% of the population in 1980 to 64% in 1987. By the time Margaret Thatcher left office in 1990 it was […]

Lambeth Council logo representing the borough’s selective licensing scheme expansion

London council to expand its selective licensing scheme

11th November 2024

A London council is looking at a significant expansion of its selective licensing scheme which will cost landlords £923. After being launched in four wards, the scheme will now cover most of the borough, impacting an estimated third of Lambeth’s dwellings in the private rented sector (PRS). The scheme requires landlords renting to single-family households […]

Monopoly figure surrounded by money and houses symbolizing corporate dominance in the rental market

The Rise of Corporate Landlords: Are We Heading Toward a Rent Monopoly?

11th November 2024

The Rise of Corporate Landlords: Are We Heading Toward a Rent Monopoly? There’s a new player in the UK’s private rented sector—one that’s threatening to fundamentally reshape the way tenants experience renting. As small landlords leave the market, driven out by crippling taxes and increasing regulations, corporate landlords are stepping in to fill the gap. […]

Woman in red dress smiling while seated in an office chair.

Rent growth will slow down – but remain higher than inflation

11th November 2024

Rent price growth is set to slow down but will still outpace inflation, Hamptons reveals. The estate agency is predicting that rents will rise by 4.5% in the final quarter of 2024 – and by the same amount next year. It also says that rents will grow by 4% in both 2026 and 2027 to […]

NRLA logo representing the National Residential Landlords Association.

Has the NRLA lost its way?

11th November 2024

Hello, There is now a growing trend of professional landlords who have become disenchanted with the NRLA. Their stance on the abolition of Section 21 defies belief and no landlord would have agreed to this. Where do they get their mandate from? Who elects the Board members? This industry has never been in such a […]

Two professionals discussing withheld landlord documents during a property handover.

Final inspection with confrontational tenant – should I attend with agent?

11th November 2024

Hi all, I’m getting close to the end of the 18-month fixed-term tenancy, which has felt like a nightmare from the start, and it’s now just a few months away. The agent is due to conduct the final inspection in January, and while I was planning to step back from being involved due to the […]